D-Plates
ActiveD-Plates has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.78M and a net result of €208k. Equity is growing by ~41.6% per year across the filed fiscal years. Its solvency ranks better than 35% of 7924 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability58▼-42
Solvency39▲+1
Growth78=
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity short (current ratio 0.63 against 0.59 in 2024), and 69.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
30.1%
Return on assets
3.5%
Age of the figures
8 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
30 d late
2022
16 d late
2021
23 d late
2020
17 d late
2019
26 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.78M▲ 9.7%
2024 · €1.63M
2019: €34k
2020: €143k
2021: €407k
2022: €789k
2023: €1.25M
2024: €1.63M
2019 → 2025
Total assets
€5.92M▲ 10.0%
2024 · €5.38M
2019: €462k
2020: €820k
2021: €1.36M
2022: €2.04M
2023: €3.34M
2024: €5.38M
2019 → 2025
Net result
€208k▼ 60.8%
2024 · €530k
2019: €21k
2020: €109k
2021: €264k
2022: €420k
2023: €497k
2024: €530k
2019 → 2025
Working capital
€-673k▲ 0.7%
2024 · €-678k
2019: €-18k
2020: €-70k
2021: €-90k
2022: €-13k
2023: €-199k
2024: €-678k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€407k-€789k▲ 93.8%€1.25M▲ 57.9%€1.63M▲ 30.5%€1.78M▲ 9.7%
Operating result€302k-€521k▲ 72.6%€653k▲ 25.4%€757k▲ 16.0%€380k▼ 49.8%
Net result€264k-€420k▲ 59.1%€497k▲ 18.3%€530k▲ 6.7%€208k▼ 60.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 50% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.91M
Fixed assets
€4.78M▲ 9.0%
Current assets
€1.13M▲ 13.9%
Equity and liabilities €5.92M
Equity
€1.78M▲ 9.7%
Debt
€4.13M▲ 10.1%
The debt ratio rises from 69.8% to 69.9%: debt grows faster than equity.
Key figures and ratios
EBITDA
€1.69M▲
2024 · €1.54M
Cash flow
€1.52M▲
2024 · €1.32M
Solvency
30.1%▼
2024 · 30.2%
Current ratio
0.63▲
2024 · 0.59
Quick ratio
0.63▲
2024 · 0.59
Debt / equity
2.32▲
2024 · 2.31
ROE
11.6%▼
2024 · 32.6%
ROA
3.5%▼
2024 · 9.9%
Interest coverage
11.12▼
2024 · 12.87
Debt
€4.13M▲
2024 · €3.75M
Debt ≤ 1 year
€1.80M▲
2024 · €1.67M
Debt > 1 year
€2.25M▲
2024 · €2.02M
Income taxes
€26k▼
2024 · €113k
Staff costs
€216k▲
2024 · €124k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€5.38M€5.92M▲
Formation expenses20-€7k
Fixed assets21/28€4.39M€4.78M▲
Intangible fixed assets21-€10k
Tangible fixed assets22/27€4.37M€4.76M▲
Plant, machinery and equipment23€4.14M€4.19M▲
Furniture and vehicles24€122k€90k▼
Leasing and similar rights25€108k€480k▲
Financial fixed assets28€16k€16k=
Current assets29/58€991k€1.13M▲
Amounts receivable within one year40/41€764k€863k▲
Trade receivables40€655k€641k▼
Other amounts receivable41€109k€222k▲
Cash at bank and in hand54/58€161k€96k▼
Deferred charges and accrued income490/1€66k€169k▲
Equity and liabilities
Total equity and liabilities10/49€5.38M€5.92M▲
Equity10/15€1.63M€1.78M▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€1.61M€1.76M▲
Amounts payable17/49€3.75M€4.13M▲
Amounts payable after more than one year17€2.02M€2.25M▲
Financial debts170/4€2.02M€2.25M▲
Amounts payable within one year42/48€1.67M€1.80M▲
Current portion of amounts payable after more than one year42€871k€1.39M▲
Financial debts43€400k€200k▼
Credit institutions430/8€400k€200k▼
Trade debts44€224k€67k▼
Suppliers440/4€224k€67k▼
Taxes, remuneration and social security45€23k€96k▲
Taxes450/3€7k€78k▲
Remuneration and social security454/9€16k€18k▲
Other amounts payable47/48€150k€50k▼
Accrued charges and deferred income492/3€68k€85k▲
Income statement
Code20242025
Remuneration, social security and pensions62€124k€216k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€786k€1.31M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3k€13k▲
Other operating charges640/8€27k€40k▲
Non-recurring operating charges66A-€5k
Gross operating margin9900€1.70M€1.96M▲
Operating profit (loss)9901€757k€380k▼
Financial income75/76B€6k€5k▼
Recurring financial income75€6k€5k▼
Financial charges65/66B€120k€152k▲
Recurring financial charges65€120k€152k▲
Profit (loss) for the period before taxes9903€643k€234k▼
Income taxes67/77€113k€26k▼
Profit (loss) for the period9904€530k€208k▼
Profit (loss) for the period to be appropriated9905€530k€208k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.76M€1.81M▲
Profit (loss) brought forward from the previous period14P€1.23M€1.61M▲
Profit to be distributed694/7€150k€50k▼
Return on contributions (dividend)694€150k€50k▼
Social balance
Average headcount (FTE)90872.02.7▲
The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
31-12
Financial
Highest result since 2019net €530k ▲6.7%
Operating result €757k, net result €530k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Equity above €1MEq €1.25M ▲57.9%
5 profitable years in a row build equity to €1.25M.
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
31-12
Financial
Equity above €500kEq €789k ▲93.8%
4 profitable years in a row build equity to €789k.
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-12
Financial
Equity above €200kEq €407k ▲184%
3 profitable years in a row build equity to €407k.
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
31-12
Financial
Equity above €100kEq €143k ▲325%
2 profitable years in a row build equity to €143k.
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Waregem · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Marcel Windelsstraat 39-418790 WaregemGround area
370 m²
Building footprint
257 m²
Volume, LiDAR
1,786 m³
Parcel 34040C0266/00F013, Flanders · tallest building 12.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
D-Plates
since 20182.276.082.828
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34040C0266/00F013 | Flanders | 370 m² | 1 · 257 m² | 12.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 2,011 EUR awarded · 1,595 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 834 EUR | 419 EUR |
| 2024 | 1 | 464 EUR | 1,176 EUR |
| 2023 | 1 | 713 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 15,430 companies in sector 43990 we hold annual accounts for 7,352. 2,217 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-05-2018
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
46180Agents specialised in the wholesale of other particular products
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.